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1 State Simply Saturated
with Energy Potential
Photo credit: Flickr/Nicholas A. Tonelli
The Marcellus Shale holds
more proved natural gas
reserves than any shale
play in the U.S.
Because of that
Pennsylvania is the
second largest holder of
proved natural gas
reserves in the U.S.
Because of that
Pennsylvania is the
second largest holder of
proved natural gas
reserves in the U.S.
That’s just what we
currently know about the
Marcellus Shale.
Moreover, what the
industry is finding is that
Pennsylvania has a lot
more gas than just what is
found in the Marcellus.
In fact, the industry
believes the state is
stacked with gas bearing
rocks above and below
the Marcellus Shale.
Above the Marcellus Shale:
Below the Marcellus Shale:
Add up these three areas
and Pennsylvania's energy
wealth is really spread
across the state.
Combined potential:
That’s really great news
for investors in companies
with a lot of acreage in
the state.
Range Resources
• Range has
leased more
than 1 million
net acres
prospective for
shale plays in
Pennsylvania.
NYSE: RRC
Range Resources
• Range has
leased more
than 1 million
net acres
prospective for
shale plays in
Pennsylvania.
NYSE: RRC
EQT Corporation
• EQT Corporation
has 110,000 net
acres in
Southwestern PA,
80,000 net acres in
Central PA and
170,000 net...
EQT Corporation
• EQT Corporation
has 110,000 net
acres in
Southwestern PA,
80,000 net acres in
Central PA and
170,000 net...
CONSOL Energy
• CONSOL Energy
has about
446,000 net
acres in the
Marcellus
fairway.
NYSE: CNX
CONSOL Energy
• EQT Corporation
has 110,000 net
acres in
Southwestern PA,
80,000 net acres in
Central PA and
170,000 net a...
Investor takeaway:
The stacked natural of these formations is great
news for Pennsylvania and the nation as it means
there...
OPEC’s Worst
Nightmare
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1 State Simply Saturated with Energy Potential

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Pennsylvania has more energy than people realize as it’s stacked with potential energy bearing rocks. That’s not only important to the nation, but investors in Range Resources, EQT and CONSOL Energy.

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  • https://www.flickr.com/photos/nicholas_t/7770508920/in/photolist-6am9jk-5YHV2z-nuJJZC-9H9dJs-aCMwML-h6vGfu-8Qt9W3-dyYdw8-dz4FZq-c3anv5-dzfcpn-c3aiLq-c3agSW-c3b5Yo-cQDTzJ-7f5Hgv-8wrLCR-nMehB8-nMen5B-6K2hov-akEYeW-akCatz-akC9Zn-akEYwj-akEYBj-aCMuQG-9H6k5X-9H9dD9-afNByi-afRnrj-afRob5-c3aHzj-c3aSp3-nP1RgD-9t2XpR-akEXSQ-8UcDK2-akCa6k-akEYad-akEYku-akC9Pr-afM1XM-bpDR1W-6PefMe-8UcK3k-bmzShM-8UfPSG-ayo2xx-9H6k8P-aCJR1T
  • http://marcellusdrilling.com/2014/04/eia-marcellus-1-proved-reserves-shale-in-u-s-pa-2-for-gas/
  • http://www.rangeresources.com/rangeresources/files/68/6840401d-aeee-4408-899f-10e833c6ff3a.pdf
  • http://www.rangeresources.com/rangeresources/files/68/6840401d-aeee-4408-899f-10e833c6ff3a.pdf
  • http://www.rangeresources.com/rangeresources/files/68/6840401d-aeee-4408-899f-10e833c6ff3a.pdf
  • http://www.rangeresources.com/rangeresources/files/68/6840401d-aeee-4408-899f-10e833c6ff3a.pdf
  • http://www.rangeresources.com/rangeresources/files/68/6840401d-aeee-4408-899f-10e833c6ff3a.pdf
  • http://www.rangeresources.com/rangeresources/files/68/6840401d-aeee-4408-899f-10e833c6ff3a.pdf
  • http://ir.eqt.com/sites/eqt.investorhq.businesswire.com/files/event/additional/Analyst_Presentation_May_2014_FINAL.pdf
  • http://ir.eqt.com/sites/eqt.investorhq.businesswire.com/files/event/additional/Analyst_Presentation_May_2014_FINAL.pdf
  • file:///C:/Users/Owner/Downloads/HW_March_2014.vF.pdf
  • file:///C:/Users/Owner/Downloads/HW_March_2014.vF.pdf
  • Transcript of "1 State Simply Saturated with Energy Potential"

    1. 1. 1 State Simply Saturated with Energy Potential Photo credit: Flickr/Nicholas A. Tonelli
    2. 2. The Marcellus Shale holds more proved natural gas reserves than any shale play in the U.S.
    3. 3. Because of that Pennsylvania is the second largest holder of proved natural gas reserves in the U.S.
    4. 4. Because of that Pennsylvania is the second largest holder of proved natural gas reserves in the U.S.
    5. 5. That’s just what we currently know about the Marcellus Shale.
    6. 6. Moreover, what the industry is finding is that Pennsylvania has a lot more gas than just what is found in the Marcellus.
    7. 7. In fact, the industry believes the state is stacked with gas bearing rocks above and below the Marcellus Shale.
    8. 8. Above the Marcellus Shale:
    9. 9. Below the Marcellus Shale:
    10. 10. Add up these three areas and Pennsylvania's energy wealth is really spread across the state.
    11. 11. Combined potential:
    12. 12. That’s really great news for investors in companies with a lot of acreage in the state.
    13. 13. Range Resources • Range has leased more than 1 million net acres prospective for shale plays in Pennsylvania. NYSE: RRC
    14. 14. Range Resources • Range has leased more than 1 million net acres prospective for shale plays in Pennsylvania. NYSE: RRC
    15. 15. EQT Corporation • EQT Corporation has 110,000 net acres in Southwestern PA, 80,000 net acres in Central PA and 170,000 net acres prospective for the Upper Devonian Play. NYSE: EQT
    16. 16. EQT Corporation • EQT Corporation has 110,000 net acres in Southwestern PA, 80,000 net acres in Central PA and 170,000 net acres prospective for the Upper Devonian Play. NYSE: EQT
    17. 17. CONSOL Energy • CONSOL Energy has about 446,000 net acres in the Marcellus fairway. NYSE: CNX
    18. 18. CONSOL Energy • EQT Corporation has 110,000 net acres in Southwestern PA, 80,000 net acres in Central PA and 170,000 net acres prospective for the Upper Devonian Play. NYSE: CNX
    19. 19. Investor takeaway: The stacked natural of these formations is great news for Pennsylvania and the nation as it means there’s more economical gas underneath the state. It’s also great news for investors in Range Resources, EQT and CONSOL Energy as each company has more profit potential by developing the shale layers above and below the Marcellus Shale.
    20. 20. OPEC’s Worst Nightmare
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